Online lead generation, secure digital document transfer, integrated credit scoring, configurable spreading capabilities, and automated letters of interest help get deals “off the street” quickly.
SPARK supports advanced deal structures, configurable statement spreading, intuitive lender policy, SBA eligibility review, integrated third-party data, and commitment letter generation capabilities to streamline and standardize loan decisioning.
Minimize processing times with built-in SBA 7(a) capabilities, including automated SBA form generation, direct E-Tran integration, SBA 10-Tab document checklists, and robust data validation.
Work from a shared record and leverage SPARK intelligence to manage document checklists, tasks, fees, invoices, and third-party reports to reduce errors, eliminate re-keying of information, and stay on top of all your closing requirements.
Easily track post-closing disbursement of funds and facilitate communication with operations and servicing teams to ensure timely and accurate disbursement of funds to your new borrowers.
Core Features of the SPARK Platform
Powerful technology for the future of loan origination.
Download our Features Sheet to learn more.
Configurable lending products
SPARK supports multiple products and processes, making it easy to originate various business loans across one platform. Each implementation includes an acceptance phase, where key product details are configured to match each lender’s unique specification.
Intuitive borrower-facing dashboards
SPARK connects the small business owner directly to the lender through an intuitive and dynamic dashboard. As the deal progresses, the dashboard evolves, giving borrowers visibility into the lending process. SPARK’s white-label functionality helps lenders leverage their existing brand and instill trust with customers, while delivering a seamless digital experience during origination.
Intelligent document management capabilities
Never spend another minute renaming or reorganizing files on a network share again. SPARK’s document management supports multiple document views, auto-naming uploaded files, electronic signatures, and more. Automatic document generation intelligently creates the correct document placeholder based on loan characteristics, so lenders never forget a file.
Powerful portfolio reporting capabilities
SPARK gives executives and managers access to accurate and consistent pipeline reporting based on product, franchises, referral partners, use of proceeds, and more. No more downloading and parsing data, log directly into SPARK and see the portfolio progress for yourself.
Integrated SBA processing
SPARK includes unapparelled capabilities that help our customers tackle even the most complex SBA deals. With direct E-Tran integration, intelligent SBA eligibility validation, built-in SBA 10 Tab, and automated SBA form generation, SBA lenders and LSPs can process loans more efficiently, while staying compliant with the latest SBA SOP rules.
Reach Your Lending Goals
From inquiry to funding, SPARK covers the entire origination journey. SPARK connects sales, credit, and fulfillment teams together in one platform to deliver a seamless experience to the small business owner. SPARK helps you:
Save time
- Automate document generation
- Rely on intelligent document checklists
- Request information directly from customers
Reduce costs
- Bypass IT investment
- Achieve shorter time-to-value
- Eliminate duplicative systems
Grow volume
- Engage customers online
- Automate repetitive tasks
- Standardize process execution
- Create configurable navigation
Increase user satisfaction
- Offer a mobile-responsive interface
- Increase transparency
- Make decisions faster
Boost team collaboration
- Access from any device through the cloud
- Transfer/validate information
- Capture information in real time
- Define hand-offs for each stage
Ready to put SPARK to work?
Take your small business lending to the next level. Find out how.